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Business 11 May 2011 | 12:00 AM

Casino execs to make pitch for online poker

WASHINGTON: With millions of people already playing online poker for money, the casino industry is urging Congress to step in and regulate the wagering.

Business 17 May 2011 | 12:00 AM

Nasdaq drops bid for NYSE on DOJ's antitrust move

NEW YORK: Nasdaq and IntercontinentalExchange on Monday withdrew their joint $11 billion bid for the parent of the New York Stock Exchange after the U.S. Department of Justice informed the companies that it would pursue a lawsuit to block the deal.

Business 27 Jun 2011 | 12:00 AM

Home Depot accused of violating Buy American Act

SAN FRANCISCO: The photograph on Home Depot's website shows a line of smiling soldiers unloading a truck stacked with power tools and other company wares.

Business 16 Jul 2011 | 12:00 AM

Credit Suisse says it is a target of US probe

ZURICH: Swiss bank Credit Suisse is being investigated by the US Department of Justice (DoJ) as part of a broader inquiry into banks suspected of helping Americans evade taxes.

Business 01 Sep 2011 | 12:00 AM

US Govt sues to block AT&T, T-Mobile merger

WASHINGTON (AP) - The Department of Justice filed suit Wednesday to block ATT's $39 billion deal to buy T-Mobile USA on grounds that it would raise prices for consumers.

Business 09 Nov 2011 | 12:00 AM

Microsoft, AOL, Yahoo, strike ad alliance

NEW YORK (Reuters) - Yahoo Inc, Microsoft Corp and AOL Inc have set up an advertising partnership as Google and Facebook's online ad dominance grows.

Business 17 Nov 2011 | 12:00 AM

MF Global may return funds, cuts more jobs

NEW YORK (Reuters) - Thousands of former MF Global Holdings Ltd customers may soon recover $520 million of cash held in their accounts even as the bankrupt brokerage lays off more workers.

Business 24 Nov 2011 | 12:00 AM

FCC wants hearing on T-Mobile takeover

WASHINGTON: The US Federal Communications Commission (FCC) added its influential voice on Tuesday to those opposing ATT's proposed US$39bil takeover of T-Mobile, the US unit of Deutsche Telekom.

Business 25 Nov 2011 | 12:00 AM

AT&T braces for T-Mobile deal collapse

LONDON/FRANKFURT (Reuters) - ATT said it would take a $4 billion charge in case its takeover of T-Mobile USA fails, a tacit recognition of the dwindling chances that the deal will get through U.S. regulators who say it would destroy jobs and curb competition.

Business 20 Dec 2011 | 12:00 AM

AT&T drops $39 bln bid to buy T-Mobile USA

NEW YORK REUTERS - ATT said it had agreed with Deutsche Telekom to drop its $39 billion bid to buy the German company's U.S. wireless unit amid increasing regulatory obstacles to the planned deal.